Oil jumps over 3% amid Israel-Iran tensions
Oil prices rose by more than $3 per barrel after Israel launched strikes on Lebanon and exchanges of attacks between Israel and Iran, reducing hopes for an end to the war and the resumption of oil flows through the Strait of Hormuz. US crude futures increased to $93.81, and Brent to $96.58, amid expectations that tensions will continue and impact global energy markets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)